Ecommerce Shipment Management Software Application Business MetaPack Goes From Loss To Profit

This week has seen MetaPack, among the world’s leading e-commerce shipment technology businesses reveal that following 2 years of considerable investment into its core systems, it has increased its revenues by over £& pound; 5.5 million year-on-year. Representing 20% growth. This has been even more supported by a distinct enhancement in operating efficiency with EBITDA earnings moving MetaPack from a £& pound; 5.5 million loss in 2016 to benefit for this financial year.

MetaPack was established in 1999 and from this date has been assisting e-commerce businesses across the world to offer excellent and efficient delivery services. Their SaaS solution has a brochure of over 400 carriers and 4000 services from individual shipment services through to global order tracking and simplified return treatments that are offered all throughout the globe. The majority of a billion packages are sent out every year thanks to MetaPack and their services and solutions are utilized by a few of the world’s biggest e-commerce and other sellers including Halfords, Sports Direct, ASOS, John Lewis, Marks and Spencer, Home of Fraser and Wiggle.

The business has likewise handled to grow its global service reach over the previous year too, adding 40 new providers to its delivery management platform as well as registering 27 brand-new top 100 e-commerce brand names. It expects to include another 40 to 50 over the next 12 months.

Steve Rowley, Executive Chairman at MetaPack, said: “We raised £& pound; 6 million two years back and this has even more consolidated our core UK operation, supported acquisitions and growth in essential worldwide markets, and allowed us to ensure our scalable, reputable shipment platform is robust in the face of peak needs. Since we don’t capitalize on innovation, we carried all the expenses for the platform investment in the first year, which is why our EBITDA income in 2016 was so low.

“Growth in the team, nevertheless, implies we have reached over 350 employees and the large bulk of them are developing and maintaining the platform. This intense concentration provides a business level, extremely offered eCommerce shipment solution that not only helps our customers with their global growth, and offers us a unique distinction from our competition, however likewise provides the structure across which 500 million parcels will be provided this year.”

The focus for the year ahead now for MetaPack will be helping with improved, more structured carrier combinations for sellers and brands who are using their handled delivery platform. Particular attention is also being made to bringing on-board abroad carriers that will allow UL sellers to increase the capacity of global e-commerce.

We have listened to our consumers and we are putting additional resources into enhancing the responsiveness of the platform when it pertains to carrier integration. We comprehend that the speed with which sellers can access several providers in several areas has a direct influence on the success of their eCommerce service,” said Rowley.